Ireland's NAMA to sell two 3 bln euro loan porfolios next year

December 3, 2015 1:04 PM

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DUBLIN Dec 3 Ireland's National Asset Management Agency (NAMA) plans to put two loan portfolios with a par value of 3 billion euros each up for sale in 2016, the chief executive of the state-run "bad bank" said on Thursday.

Brendan McDonagh said that alongside other smaller portolios, NAMA would look to sell one portolio per quarter next year.